Which Morgan Silver Dollar is the Rarest and Most Valuable?
The Morgan Silver Dollar, a significant collector's item in American numismatics, comes in many variations. But which one is the rarest and most valuable?
The Rarest Morgan Silver Dollar: The 1895 Circulation Strike
Among the rarest and most intriguing varieties of the Morgan Silver Dollar is the 1895 Circulation Strike. According to mint records, only 12,000 were struck. However, the true story of this coin remains shrouded in mystery. As of today, not a single authenticated 1895 Circulation Strike has been found. This phenomenon has sparked countless theories and speculations.
Some speculate that all the coins were melted down due to a lack of demand. Others believe that they might have been struck with a different date, making it difficult to identify. It is also possible that the coins are hidden somewhere, waiting to be discovered. Despite the efforts of collectors and historians, the mystery surrounding the 1895 Circulation Strike continues to captivate enthusiasts.
The Most Valuable Morgan Silver Dollar: The 1893-s Circulation Strike
While the 1895 Circulation Strike may be the rarest, the 1893-s Circulation Strike holds the title of the most valuable Morgan Silver Dollar. Minted in San Francisco, this coin has a total mintage of only 294,542. However, many of these coins were melted down due to the uncirculated status of the silver used.
The rarity of the 1893-s Circulation Strike is further exacerbated by its excellent condition. Coins in mint state are highly prized and can fetch astronomical prices. Currently, a fully uncirculated 1893-s San Francisco Morgan Silver Dollar can sell for hundreds of thousands of dollars, making it the most valuable of the Morgan series.
The 1878 7 Tail Feather Proof Strike - The Rarest Known Issue
Another noteworthy coin is the 1878 7 Tail Feather Proof Strike. While the 1878 Circulation Strike had a mintage of 250, the Proof Strike is believed to have only 100 pieces. This particular variety is considered the rarest known issue of the Morgan Silver Dollar series.
Proof coins are generally struck for the purpose of display and collection, and they often have a higher level of detail due to a longer striking time. The 1878 7 Tail Feather Proof Strike is a collector's dream due to its limited production and stunning appearance. Although exact records are hard to come by, collectors are always on the lookout for this elusive coin.
Conclusion: The Hunt for the Rarest and Most Valuable Morgan Silver Dollar
The Morgan Silver Dollar series is rich with history and mystery, offering endless opportunities for collectors and enthusiasts. From the 1895 Circulation Strike to the 1893-s Circulation Strike and the 1878 7 Tail Feather Proof Strike, each coin has a unique story to tell. The quest for these rare and valuable coins continues, capturing the imagination of millions.
No matter which coin you choose to pursue, the journey into the fascinating world of Morgan Silver Dollars is sure to be an exciting adventure. Whether you're a seasoned collector or a novice, the Morgan series offers something for everyone.
Keywords: Morgan Silver Dollar, Rarest Morgan Silver Dollar, Most Valuable Silver Dollar